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Stakpak raised USD 500 K in Seed funding led by P1 Ventures, prior to its acquisition by Vercel. The funding will support its AI infrastructure management initiatives.
Stakpak, an Egyptian-founded AI infrastructure startup, has been acquired by Vercel for an undisclosed amount. The startup raised USD 500 K in pre-seed funding led by P1 Ventures, with participation from Digital Currency Group and others. Founded in 2023, Stakpak built one of the first open-source autonomous DevOps agents. Its team will join Vercel to advance AI-powered infrastructure management.
Company Information
Company
Stakpak
Location
Wilmington, Delaware, United States
About
Stakpak is an Egyptian startup focused on developing an AI-powered DevOps platform to simplify infrastructure management for developers. Founded by George Fahmy, it aims to address the challenges developers face with infrastructure tasks through innovative solutions that leverage large language models. The startup has pivoted to a pay-per-request model, enabling integration of its APIs for building internal tools. Stakpak operates a lean team split between the US and Egypt, targeting the American market while maintaining its engineering team in Egypt.
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WilmingtonSoftwareArtificial Intelligence